MOORHEAD, Minn. -- An auction is a snapshot of how people are feeling, said Greg Peterson, known as Machinery Pete, who has been tracking auction prices on farm and construction equipment since 1989.

SPARTA — Greg Peterson, the used farm equipment guru known as "Machinery Pete," has a simple answer when asked about the meteoric rise in market values in recent years. There just hasn’t been a lot of ...

Inventory for used machinery has gone up in the last year and prices for new machinery should remain to be stable in 2024. After a run of high prices and low availability, the market for both used and ...

Demand for pre-def tractors is “still strong,” according to Machinery Pete - Greg Peterson, and there are some in the market that think farmers should maybe consider the potential to score attractive ...

Rising maintenance expenses push agricultural clients toward equipment consolidation and alternative financing arrangements.

If you know farming, you know Machinery Pete. For the (very) few not familiar, Machinery Pete ( MachineryPete.com) is the fastest growing and largest marketplace for used farm equipment, offering an ...

LINCOLN, Neb., Dec. 4, 2025 /PRNewswire/ -- Sandhills Global market reports covering November data highlight a tough market for used truck dealers, a slight uptick in used agricultural equipment sales ...

The used agriculture equipment market continues to stay hot as farmers look for ways to save money in a time of tight margins. Mike Price is a territory sales manager ...

SPARTA, Ill. — Greg Peterson, the used farm equipment guru known as Machinery Pete, has a simple answer when asked about the meteoric rise in market values in recent years. There just hasn’t been a ...